Integrated Score for Sustainability of Insurance Companies at the Regional Level
Journal Title: Бізнес Інформ - Year 2015, Vol 8, Issue 0
Abstract
The article considers features of integrated assessment of life insurance activities by insurance companies. To improve the process of sustainability assessment, it is necessary to examine various methods for calculating the integral index, disclose their advantages and disadvantages. The research is focused on formation of sustainability of insurance companies providing life insurance services at the regional level. Life insurance is one of the fastest growing economic branches in our country, but a significant imbalance, which is seen in the regional context, prevents the full development and reduces the sustainability of companies. Integrated assessment of company status extends the economic substance of the concept of sustainability and can be used to characterize the ability of companies to return to equilibrium, preserve their settings, and move on to a new stage of development at the regional level, in the context of random changes in the external and internal environment when assessing the life insurance market.
Authors and Affiliations
Nina Bilous
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